# 14845 State Road 156, Florence, IN 47020 > **TL;DR:** commercial, $1,550,000, built 2002. Est. $8,290/mo. Listed 113 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $1,550,000 | | Year Built | 2002 | | Lot Size | 77,537 sqft (1.78 acres) | | Property Type | Commercial (Other) | | Status | Active | | Days on Market | 113 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $7,838 | | Estimated Insurance | $452 | | **Total** | **$8,290** | ## Property Highlights - Built in 2002 - 1.78 acre lot ## Description ### Agent Description 41-room hospitality opportunity located directly across from Belterra Casino Resort in Florence, Indiana. The Fairway Inn has operated under long-term ownership for approximately 22 years & offers established operations with strong regional demand drivers & owner-operator potential. The property consists of approximately 19,542 sqft with 41 guest rooms plus a 1-bedroom manager apartment with kitchen & living area. Recent improvements include a new metal roof installed in 2024 with ownership maintaining the property throughout their operation. Sale includes substantially all furniture, fixtures, equipment (FF&E), including beds, linens, appliances, computers, office equipment, & operational inventory currently used in the operation of the business. Existing staffing & operational infrastructure are in place, offering a turnkey hospitality opportunity with continued upside potential in a destination-driven market. ## Location - **Address:** 14845 State Road 156, Florence, IN 47020 - **County:** Switzerland - **Coordinates:** 38.782167, -84.936685 - **Google Maps:** https://www.google.com/maps?q=38.782167,-84.936685 ## Listing Agent - **Name:** Eric Ginder - **Brokerage:** RE/MAX Victory & Affiliates - **Phone:** 9376208484 - **Broker Phone:** 9376208484 - **Listing URL:** [View original listing](https://listings.listhub.net/pages/SEIBRIN/207544/?channel=propsimple) ## Photos ![14845 State Road 156 - Photo 1](http://lh.rdcpix.com/ef8d13c3d0a430099f35b9ee4a620e53l-f1128588908r.jpg) ![14845 State Road 156 - Photo 2](http://lh.rdcpix.com/ef8d13c3d0a430099f35b9ee4a620e53l-f2599048458r.jpg) ![14845 State Road 156 - Photo 3](http://lh.rdcpix.com/ef8d13c3d0a430099f35b9ee4a620e53l-f3456647132r.jpg) ![14845 State Road 156 - Photo 4](http://lh.rdcpix.com/ef8d13c3d0a430099f35b9ee4a620e53l-f1336946476r.jpg) ![14845 State Road 156 - Photo 5](http://lh.rdcpix.com/ef8d13c3d0a430099f35b9ee4a620e53l-f662416166r.jpg) ![14845 State Road 156 - Photo 6](http://lh.rdcpix.com/ef8d13c3d0a430099f35b9ee4a620e53l-f2536913853r.jpg) ![14845 State Road 156 - Photo 7](http://lh.rdcpix.com/ef8d13c3d0a430099f35b9ee4a620e53l-f3071147072r.jpg) ![14845 State Road 156 - Photo 8](http://lh.rdcpix.com/ef8d13c3d0a430099f35b9ee4a620e53l-f3773451589r.jpg) ![14845 State Road 156 - Photo 9](http://lh.rdcpix.com/ef8d13c3d0a430099f35b9ee4a620e53l-f127887670r.jpg) ![14845 State Road 156 - Photo 10](http://lh.rdcpix.com/ef8d13c3d0a430099f35b9ee4a620e53l-f1786330358r.jpg) ![14845 State Road 156 - Photo 11](http://lh.rdcpix.com/ef8d13c3d0a430099f35b9ee4a620e53l-f2551798231r.jpg) ![14845 State Road 156 - Photo 12](http://lh.rdcpix.com/ef8d13c3d0a430099f35b9ee4a620e53l-f3369742474r.jpg) ![14845 State Road 156 - Photo 13](http://lh.rdcpix.com/ef8d13c3d0a430099f35b9ee4a620e53l-f995534814r.jpg) ![14845 State Road 156 - Photo 14](http://lh.rdcpix.com/ef8d13c3d0a430099f35b9ee4a620e53l-f3684532077r.jpg) --- **MLS#:** 207544 | **Updated:** 2026-09-16 **Source:** listhub *Copyright © 2026 Southeastern Indiana Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://www.propertysimple.ai/listing/14845-state-road-156-florence-in-47020-n207544) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/14845-state-road-156-florence-in-47020-n207544#listing", "url": "https://www.propertysimple.ai/listing/14845-state-road-156-florence-in-47020-n207544", "name": "14845 State Road 156, Florence, IN 47020", "description": "41-room hospitality opportunity located directly across from Belterra Casino Resort in Florence, Indiana. The Fairway Inn has operated under long-term ownership for approximately 22 years & offers established operations with strong regional demand drivers & owner-operator potential. 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